ZipRealty to go IPO

Company files registration statement with SEC

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ZipRealty, a technology-oriented real estate brokerage in Emeryville, Calif., announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. All of the shares will be issued and sold by the company.

The IPO could raise as much as $69 million.

UBS Securities and Deutsche Bank Securities will serve as the joint book-running managers.